Jun 4, 4:04 PM ET
Highwoods Properties modified its $150 million unsecured bank term loan on June 3, 2026, extending the maturity from May 2027 to June 2029. The filing also lists pricing on its $200 million term loan and $750 million revolving credit facility, and the term can be extended two more years at the company's option if no defaults have occurred.
- Maturity of the $150 million unsecured term loan extended from May 2027 to June 2029
- Newly extended loan priced at SOFR plus 90 basis points; $200 million term loan at SOFR plus 95 basis points; $750 million revolver at SOFR plus 85 basis points
- Pricing may adjust up or down by 2.5 basis points based on greenhouse gas emission reduction sustainability goals
- Amendment is Exhibit 10, the Sixth Amendment to the Sixth Amended and Restated Credit Agreement, with Bank of America, N.A. as administrative agent
Read the filing on SEC.gov ↗
Nov 14, 4:07 PM ET
On November 14, 2025, the Operating Partnership of Highwoods Properties completed a public offering of $350 million in 5.350% notes due January 15, 2033, issued under an existing shelf registration. The filing adds $350 million of new debt for the company's operating partnership, with interest payable semi-annually starting July 15, 2026.
- Aggregate principal amount of $350 million offered on November 14, 2025
- Notes bear interest at 5.350% per year and mature January 15, 2033
- Interest payable semi-annually on January 15 and July 15, starting July 15, 2026
- Issued under automatic shelf registration on Form S-3 with prospectus supplement dated November 4, 2025
Read the filing on SEC.gov ↗
Aug 14, 4:11 PM ET
Highwoods Properties modified its $200.0 million unsecured bank term loan on August 12, 2025, pushing the maturity from May 2026 to January 2029. The filing says the interest rate is SOFR plus 95 basis points based on current credit ratings, with a further option to extend the term by two years if no defaults have occurred.
- Maturity extended from May 2026 to January 2029 on the $200.0 million unsecured term loan
- Interest rate is SOFR plus 95 basis points based on current credit ratings
- Rate may move up or down 2.5 basis points based on pre-determined greenhouse gas reduction goals
- Company has an option to extend the term by two additional years
Read the filing on SEC.gov ↗
May 13, 4:04 PM ET
At its May 13, 2025 annual meeting, Highwoods Properties stockholders approved a 2025 long-term equity incentive plan authorizing up to 1,250,000 shares of restricted stock and restricted stock units. The filing also reports the vote results for director elections, auditor ratification, and an advisory vote on executive compensation.
- Plan authorizes up to 1,250,000 shares; no more than 250,000 may go to any officer or employee and 15,000 to any non-employee director in a calendar year
- Plan approval vote: 91,729,999 for, 3,784,010 against, 207,729 abstain/withheld, 4,241,498 broker non-votes
- Deloitte & Touche LLP ratified as independent auditor for 2025 with 99,211,855 votes for and 590,165 against
- Advisory vote on executive compensation: 91,048,929 for and 4,431,256 against
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
